Treasury attributed the 8% growth in assets to the appreciation of property, plant, and equipment, along with rises in investments and long-term receivables. As of June...
Backed by vast reserves and strong foreign investment, Tanzania is poised to expand its share of the global graphite market. The World Bank projects earnings from...
As climate change intensifies and temperatures rise, substantial investments in sustainable practices and technologies are essential. Financial institutions play a crucial role in unlocking the funding...
Volante Technologies is modernizing Standard Bank's payment infrastructure across 19 African countries. Using a cloud-based platform, the partnership centralizes payment formats, simplifying both domestic and cross-border...
: Ethiopian Airlines acquires Africa’s first Airbus A350-1000, enhancing passenger capacity and premium service on key international routes. Ethiopian Airlines, the largest Airbus operator in Africa,...
Safaricom, partly owned by Vodacom and Vodafone, saw group service revenue rise 14% to 181.4 billion shillings by September. However, net income dropped 17.7% year-on-year, impacted...
David Ngata’s move to I&M Group comes at a crucial time as the bank aims to enhance its footprint in the competitive East African banking sector,...
Murali Natarajan’s appointment underscores DTB’s commitment to expanding its impact in Kenya and East Africa. With a track record in mobile banking, loan digitization, and customer-focused...
The Tanzanian mining firm Pula Group is suing Patrice Motsepe and his associated companies, alleging they breached a non-compete agreement by investing in Australia’s Evolution Energy...
Despite these positive results, Kenya Power continues to face challenges, including rising operational costs and increasing pressure to transition to renewable energy. The company has already...
